In May 2016, the U.S. Department of Labor’s (DOL) Wage and Hour Division released its highly anticipated final rule to revise the overtime pay provisions under the Fair Labor Standards Act (FLSA). The rule updates the regulations governing which executive, administrative, and professional employees (commonly referred to as the “white collar” exemption) are entitled to overtime pay under the FLSA.
Ahead of the release of the final rule, FMI met with the Office of Management and Budget and DOL officials to voice our concerns with potential changes to the regulations. While FMI believes that doubling the salary threshold is too high, on issues of key importance, DOL adopted positions for which FMI advocated.
Upon release of the rule, FMI provided member companies with:
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» Facts & Figures
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